USD/CAD: 3 Month Bull Run
Jason Sen | Oct 01, 2014 07:51AM ET
USD/CAD in a 3 month bull run and had no trouble breaking resistance at 1.1155/60 as expected to hit our target of 1.1220/25. As I write we have topped exactly here over night but stick with the bulls and look for 1.1245/50 to exit any longs. Above we meet this year's high at 1.1278 and can try shorts within the 1.1255/75 band, with stops above 1.1295.
Immediate support is 1.1185/80 and could hold the downside but below here a buying opportunity at 1.1155/1145, with stops below 1.1125.
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